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Dec 21, 2012
12/12
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toe biggest sale today at the new york stock exchange was the new york stock exchange. the institution, nearly as old todhe united states itself, was sold today for $8 billion. esd here's senior business correspondent anthony mason. >> reporter: a 220-year-old financial institution is being bought by an upstart kid of a company from atlanta, the intercontinental exchange, or ice, a derivatives trading firm founded only a dozen years ago. an icon of american capitalism since 1792, the new york stock exchange long dominated the financial landscape, but the big board has seen its influence erode in recent years. how long did you work opt floor here? s. 30 years. >> reporter: 30 years. when veteran trader it ken polcari started on the floor in ade early 1980s, that he was one he eome 3,000 traders. >> the energy that was in the building, that really drove kind of the personality of the place, ite market, the excitement of it. >> reporter: today, the floor is considerably quieter as electronic trading has eliminated the middle man, the number of traders has dwindled to fewer
toe biggest sale today at the new york stock exchange was the new york stock exchange. the institution, nearly as old todhe united states itself, was sold today for $8 billion. esd here's senior business correspondent anthony mason. >> reporter: a 220-year-old financial institution is being bought by an upstart kid of a company from atlanta, the intercontinental exchange, or ice, a derivatives trading firm founded only a dozen years ago. an icon of american capitalism since 1792, the new...
617
617
Dec 25, 2012
12/12
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KPIX
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eye 617
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that there's the guy who gets his salsa from new york city. new york city?! [ male announcer ] only pace has that big, bold kick. anything else just ain't right. pace. grab the southwest by the bottle. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >> glor: this >> glor: this weekend saw the sawal funerals for the victims im the newtown tragedy. 20 students and six adults were 20 studeen days ago at sandy aok elementary school. the shooting only stopped when the s first responders arrived and the gunman, adam lanza, committed suicide. elaine quijano sat down with some of the first police ijanoers on the scene. >> we were going as fast as we have ever driven, any of us. and we were running for that building. >> reporter: what did you see? what did you hear? >> i -- i could hear shots. ep reporter: officer michael mcgowan entered sandy hook elementary w
that there's the guy who gets his salsa from new york city. new york city?! [ male announcer ] only pace has that big, bold kick. anything else just ain't right. pace. grab the southwest by the bottle. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >> glor: this >> glor:...
662
662
Dec 12, 2012
12/12
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KPIX
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eye 662
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at least 356,000 homes were damaged or destroyed-- most in new york and new jersey. it turns out, many other homes were not damaged because they were protected by million-dollar sand dunes. that was something we wanted to know more about so we sent seth doane. 45, 50-year-old cape cod. >> reporter: jeff davis road out >> reporter: pretty lucky for a 45, 50-year-old cape cod. >> reporter: jeff davis road out sandy in his home on new jersey's long beach island. your house is in pretty good shape. you fared well. >> we were lucky, we were lucky. >> reporter: his house was saved by this wall of sand, part of a $16.8 million army corps of engineers project completed six months before sandy. >> they basically brought the waves to a stand still at this point. >> reporter: stew farrell is a coastal geologist who's examining how sand barriers stop rising water pushed ashore by the storm. >> in places where the projects had not been constructed, the damage was extensive and in some cases catastrophic. >> reporter: since 1986, the federal government helped new jersey pay $700 m
at least 356,000 homes were damaged or destroyed-- most in new york and new jersey. it turns out, many other homes were not damaged because they were protected by million-dollar sand dunes. that was something we wanted to know more about so we sent seth doane. 45, 50-year-old cape cod. >> reporter: jeff davis road out >> reporter: pretty lucky for a 45, 50-year-old cape cod. >> reporter: jeff davis road out sandy in his home on new jersey's long beach island. your house is in...
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303
Dec 27, 2012
12/12
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KPIX
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eye 303
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michelle miller, cbs news, brooklyn, new york. >> and that's the "cbs evening news" for tonight. for scott pelley, i'm jim axelrod. good night. >> your realtime captioner: linda marie macdonald >>> good evening, i'm allen martin. >> i'm elizabeth cook. looking forward to ringing in the new year? well, baby new year may end up going over the "fiscal cliff" with the rest of us. >> we are a few days away from the deadline. we have heard a lot about this over the last few weeks but cbs 5 reporter grace lee tells us about another downside that has to do with milk. >> reporter: if we can go over the price of milk will go up significantly because a farm bill that's about to expire and the closer we get the more likely that political analysts believe that we will go over the "fiscal cliff." so by next week could you start seeing your grocery store bills skyrocket and your paychecks plummet. the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming
michelle miller, cbs news, brooklyn, new york. >> and that's the "cbs evening news" for tonight. for scott pelley, i'm jim axelrod. good night. >> your realtime captioner: linda marie macdonald >>> good evening, i'm allen martin. >> i'm elizabeth cook. looking forward to ringing in the new year? well, baby new year may end up going over the "fiscal cliff" with the rest of us. >> we are a few days away from the deadline. we have heard a lot...
261
261
Dec 18, 2012
12/12
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eye 261
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a huge new york giants' fan whose favorite player, victor cruz, played yesterday with jack's name on his gloves and cleats. jerry rhine holtz was at the funeral. >> the people that spoke, there were little stories about jack being in heaven tossing footballs at the angels and githinging their halos off of their head and everyone got a chuckle out of that. >> reporter: the one funeral home in newtown will hold 11 dunerals between now and christmas. funeral director shauna molloy she from a neighboring town to help out at jack pinto's funeral. did the kids seem to understand what was going on? >> i think some do. you know, i don't know that they can fully-- i mean, they're so little. unfortunately they probably understand more than they should. >> reporter: investigators hoping to understand exactly y ht happened at sandy hook elementary school now hope to learn more from two staff members who were wounded last biday but are recovering. lieutenant paul vance is with the connecticut state police. >> they will shed a great deal of light on the facts and circumstances of this tragic inves
a huge new york giants' fan whose favorite player, victor cruz, played yesterday with jack's name on his gloves and cleats. jerry rhine holtz was at the funeral. >> the people that spoke, there were little stories about jack being in heaven tossing footballs at the angels and githinging their halos off of their head and everyone got a chuckle out of that. >> reporter: the one funeral home in newtown will hold 11 dunerals between now and christmas. funeral director shauna molloy she...